Dynegy Inc. (DYN) Next Move

Dynegy Inc. (DYN) Next Move

Dynegy Inc. (DYN) Next Move

Dynegy Inc. (NYSE:DYN) stock is presently standing at about $8.31 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 13 analysts covering the company is $12.00, which suggests the stock could still rise over 31 percent. The highest analyst price target is $15.00, which implies a rally of 19 percent. And a quick view of analyst notes show that 5 are rating the stock a buy while 4 rate DYN a strong buy. There are 3 equity research firms advocating a Hold and 0 consider it Sell.

UBS analysts provided their view on Dynegy Inc. (NYSE:DYN) recently. The rating firm issued a Sell rating to this company in a research note released on Jan 18, 2017. Deutsche Bank analysts disclosed their opinion on Dynegy Inc. (NYSE:DYN) recently. The rating firm gave a Hold rating to this stock in a research note published on Dec 20, 2016. According to a research note disclosed on Oct 20, 2016, analysts at RBC Capital Mkts have lowered their rating on these shares from Outperform to Sector Perform.

Dynegy Inc. (NYSE:DYN) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its President and CEO FLEXON ROBERT C Purchased 720,506 company shares for 107,400, in a transaction on Mar 24. Following the transaction, the President and CEO is left with a stake of 15,000 shares, currently valued at $124,650. Meanwhile, President and CEO FLEXON ROBERT C purchased 705,506 shares worth $190,500, through a transaction dated Mar 09. Following the completion of the transaction, the insider is left with a stake of 25,000 shares, amounting $207,750. DYN President and CEO FLEXON ROBERT C also purchased 429,462 shares, at a stock price of $8.21. This transaction occurred on Nov 04 totals $102,679. After this transaction, the insider’s stake stands at 12,500 shares, with a market value of $103,875.

Executives hold 2.13 percent of the stock. ENERGY CAPITAL PARTNERS III, LLC is one of the biggest insider owners in Dynegy Inc. (NYSE:DYN), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 19,541,152 shares which have current market value of around $162,386,973.BLACKROCK INC. is another major inside shareholder in the company. The insider owns 18,488,880 shares as of 03/31/2017, currently worth $153,642,593. CARLSON CAPITAL L P is ranked as third insider holder of the stock. This insider holds 10,600,000 shares with a market value around $88,086,000 as of recent close.

Dynegy Inc. (NYSE:DYN) Earnings Outlook

In Dynegy Inc. (NYSE:DYN)’s latest quarter, EPS moved to $-1.24 from $-1.4 in preceding quarter and revenues reached at $1,247.00M compared to $1,107.00M. Analysts had expected Dynegy Inc. (NYSE:DYN) to post net income of about $-0.75 per share on $1,161.72M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in the range of $0.31 to $1.81. That is compared with the $-1.36 in EPS it reported during the same period a year ago.

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